Chinese demand for foreign luxury cars is waning as buyers increasingly opt for more affordable Chinese brands, often sold at steep discounts and tailored to consumer preferences for advanced electronics and comfort.

While Wall Street and Silicon Valley are obsessed with artificial intelligence (AI), many businesses don’t have the luxury of fixating on it because they are too busy trying to grind out more revenue.

The Philippine Stock Exchange (PSE) index slumped below the 6,000-point level, with all sub-indices posting hefty losses as investors sold positions amid rising political risk, compounded by the announcement of a long Christmas holiday break.

Government tariff revenue in November declined for the first time since President Trump began implementing his sweeping duties.

One of President Donald Trump’s executive orders was overturned by the House of Representatives, with a significant number of Republicans voting alongside Democrats.

Federal Reserve officials — including two who will become voters in 2026 — offered sharply opposing views on what to do with interest rates.

Time magazine named Nvidia CEO Jensen Huang and other “Architects of AI” as its Person of the Year.

European Union (EU) governments have agreed to indefinitely immobilize Russian assets worth up to €210 billion (£185 billion) that have been frozen in the EU since the start of Russia’s full-scale invasion of Ukraine.

JPMorgan CEO Jamie Dimon signaled support for former Federal Reserve Governor Kevin Warsh as the next chair of the U.S. central bank.

The Philippine Stock Exchange (PSE) index slumped on political noise, closing at 6,031.48 points, down 47.54 points or 0.78%.

China will impose tariffs of up to 19.8% on pork imports from the European Union, a sharp drop from preliminary tariffs of up to 62.4%.

The next chair of the Federal Reserve might already be a disappointment to President Donald Trump — even before being named.

Cryptocurrencies are tumbling, with bitcoin slipping back below the $90,000 threshold in a renewed sign of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks.

China’s factory output and retail sales growth slowed further in November, weighed by weak domestic demand and adding pressure on policymakers to take action to rebalance the $19 trillion economy.

Mexican lawmakers have approved a package of new tariffs affecting hundreds of products, many of which come from China.

The Japanese government will strengthen safeguards to protect ecosystems and landscapes from the adverse impacts of large-scale solar farms.

The Philippine Stock Exchange (PSE) index rose slightly on the day, as the usual sell-down followed an intraday high. The benchmark index closed at 6,079.02 points, up 23.34 points or 0.39%.

A pay raise is on the way for millions of American workers next year.

If you take cholesterol-lowering drugs known as statins, you may have noticed a flurry of news coverage since late October 2025 about an extensive recall of thousands of bottles of atorvastatin, the generic version of Lipitor.

The number of corporate bankruptcies in Japan totaled 9,372 in the January–November period, making it likely that the figure for 2025 will surpass 10,000 for the second consecutive year.

Setting standards for emerging technologies has historically been dominated by the United States, Germany and Japan — and those countries have reaped the profits.

The Department of Transportation (DOT) recently said it would waive $11 million in fines owed by Southwest Airlines stemming from a 2022 operational meltdown that left millions stranded over the holidays.

In the week ending last Sunday, the average price of rice sold at about 1,000 supermarkets across Japan rose by ¥23 from the previous week to ¥4,335 per 5 kilograms — the highest level since the survey began in March 2022.

The Philippine Stock Exchange (PSE) index topped the 6,000-point level for the first time in two weeks on Friday, but trading remained muted despite gains across all sub-indices, as foreign investors stayed cautious about the local market.